Arista Networks President and CTO Ken Duda sells about $7.8 million in stock under trading plan
Arista Networks President and Chief Technology Officer Kenneth Duda sold about $7.8 million of the networking company's stock this week, according to a Form 4 filing.
Duda, who is also an Arista director, sold 43,333 shares on Oct. 20 at weighted-average prices ranging from about $177.91 to $182.79 a share. The filing said the trades were made under a Rule 10b5-1 trading plan he entered into on March 11, 2026.
Options first, then sales
The same day, Duda exercised options to buy 17,333 shares at about $14.15 apiece, and all of those shares were then sold from his direct holdings. Another 16,000 shares were sold from a children's trust and 10,000 from a foundation, the filing shows.
After the trades, Duda directly held 12,976 shares, according to the Form 4. He also reported indirect holdings of 1,154,918 shares through the children's trust, 432,400 through the foundation, 692,104 and 690,621 shares through two grantor retained annuity trusts, and 81,927 shares through another trust.
He still held options on 121,335 shares from the same grant, which expires in February 2029.
By the numbers
- Shares sold: 43,333
- Approximate value: $7.84 million
- Weighted-average sale prices: about $177.91 to $182.79
- Options exercised: 17,333 at about $14.15
- Plan adopted: March 11, 2026
Sources
- Arista Networks, Inc., Form 4 for Kenneth Duda filed Oct. 22, 2026, accession 0001596532-26-000248
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence.
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